Investor Presentaiton

and the Infrastructure Challenge. Note: Rate of return is calculated as income for the current year, as measured by balance-of-payments data on outflows of direct-investment income divided by the average of FDI stock of the previous year and the current year. 5.4 FDI INFLOWS TO NIGERIA UNTAD reported that in 2006 Nigeria attracted US$14 billion, while in 2007; the country attracted US$12 billion. The decline was as a result of investors attitude of 'wait and see' in view of the general election for civilian to civilian political transition. FDI in oil and gas and other minerals is likely to remain robust in the medium term. The NIPC has realized that Nigeria could increase its share in global FDI through promoting investment in the manufacturing of basic and intermediate goods and industrial inputs for regional markets. The strategy developed for this will guide targeted investment promotion in 2009. Fig 5.4.1: Selected African Countries FDI inflow in Comparison with Nigeria (2005-2007) US$billion 56 56

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